Lenovo recently launched a series of smartphones like, K5 PLUS, ZUK Z1, Moto G4 Plus, and Moto X Play, among others in India. Photo: BloombergNew Delhi: Chinese tech major Lenovo has become the second-biggest smartphone brand in terms of value ahead of Apple, Micromax and Oppo with a market share of 9.1%, according to the research firm IDC. Besides, the market share in terms of units sold of the company surged in second quarter, making it the third largest smartphone brand in India, with share of 7.7%, the report by IDC said. As per IDC’s recent report released this month, both Motorola (now owned by Lenovo) and Lenovo combine emerged as the number two player in Q2FY16. The company recently launched a series of smartphones like, K5 PLUS, ZUK Z1, Moto G4 Plus, and Moto X Play, among others in India.

Source: Mint September 04, 2016 14:26 UTC